March 01, 2012 | The American Lawyer
The Am Law 100, the Early Numbers: White & Case Posts Modest Revenue Gain in a "Year of Investment"By Michael D. Goldhaber
3 minute read
February 17, 2011 | New York Law Journal
NY Firm's Revenue, Profits Dip SlightlyBy Michael D. Goldhaber
3 minute read
February 23, 2012 | The American Lawyer
The Am Law 100, the Early Numbers: A Flat Year for Profits at ShearmanBy Michael D. Goldhaber
2 minute read
May 04, 2000 | Law.com
News flash: A N.Y. office is happyAs other firms search for the Fountain of Retention, the partners at Kirkland & Ellis in New York smile indulgently. They know the secret to eternal satisfaction. Astonishingly, for the past five years, the office has scored with summer and midlevel associates. Kirkland's secret: Give new lawyers freedom and responsibility. Perhaps more important, associates get to choose their assignments, and partners have to compete for associates.
By Michael D. Goldhaber
4 minute read
March 30, 2010 | Law.com
Foley & Lardner Feels the PainFoley & Lardner reports that in 2009 gross revenue declined 8.8 percent to $667 million, and average compensation for all partners fell 7.9 percent to $586,000. "We're glad 2009 is behind us," says firm chairman Ralf-Reinhard Boer. The pay of partners in the highest tier fell from 18 times to 11 times the pay of partners at the bottom. Boer says at least the top 15 partners voluntarily took a disproportionate hit. But associates took their lumps, too.
By Michael D. Goldhaber
3 minute read
May 04, 2000 | Law.com
Associates: Nonworkaholics Come Out of ClosetDeborah Kelly joined her firm three months pregnant with triplets. In due course, she gave birth, took maternity leave, then returned to an 80 percent schedule. A partner politely asked how long she'd need this deal, and she replied, "Until you fire me or I quit." Kelly made partner with her class. As such, she seems to meet both of the challenges issued by Patrick Schiltz, who asked the world to show him nonworkaholic firm lawyers. Two brave firms took up the challenge.
By Michael D. Goldhaber
4 minute read
July 01, 2011 | Corporate Counsel
Global Lawyer: the case of the Jewish arbitratorIs London going to lose its advantages as a site for arbitration?
By Michael D. Goldhaber
4 minute read
November 04, 2011 | The American Lawyer
Paul Weiss Knocks Out Arbitration Claiming Citi Duped Abu Dhabi Sovereign Wealth Fund into $7.5 Billion InvestmentTwo years after the Abu Dhabi Investment Authority went after Citi, claiming $4 billion in damages or the rescission of its 2007 capital injection of $7.5 billion in the bank, ADIA's lawyers at Quinn Emanuel have come up empty-handed.
By Michael D. Goldhaber
2 minute read
January 29, 2010 | Law.com
Reed Smith Sees Profits Rise as Revenue DipsReed Smith reached the $1 million profits per equity partner mark in 2009 with a 7 percent increase. Although revenues could have reached the $1 billion milestone with a mild rise, they instead dipped by 3.8 percent, to $942 million. Reed Smith managed the feat of raising profits on falling revenue by squeezing the traditional pyramid structure: While the equity partnership grew by 4 percent, the firm shrank the ranks of non-equity lawyers by nearly 6 percent, and staff by about 4 percent.
By Michael D. Goldhaber
2 minute read